We have a significant output gap in Europe says ECB's Visco

16 June 2016, 10:59
Sherif Hasan

Ignazio Visco stating the obvious

  • Ideally the output gap would be addressed via investment
  • The ECB doesn't want monetary policy to be the only game in town (bit late for that chummy)
  • ECB mon pol has substantially reduced the deflation risk
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